Interact Atx EIN 81-3289086

Interact Atx FY2022 filing

EIN  81-3289086 Public charity (501(c)(3)) San Francisco, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Trains young technologists through a two-year educational fellowship.
Leadership
Santi Ruiz · Executive Dir. · $90K
Money in and out
$297K revenue, $658K expenses
Bottom line
84% program efficiency

Trains young technologists through a two-year educational fellowship. For fiscal year 2022 it reported $297K in revenue, $658K in expenses, and $-9K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$297K
Pt VIII · Ln 12
Total expenses
$658K
Pt IX · Ln 25
Net assets
$-9K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$361K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.14 Fundraising $0.01
Program efficiency
84%
of spending reaches programs
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-121%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$297K
FY2022▼ -54%
Expenses
$658K
FY2022▲ +146%
Total assets
$43K
FY2022▼ -89%
Total liabilities
$51K
FY2022
Total revenue
$297K
Pt VIII · Ln 12
Total expenses
$658K
Pt IX · Ln 25
Net assets
$-9K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$361K
Total assetsPt X · Ln 16$43K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $553K of program spending, described in the organization's own filed words · FY2022.
01

2022 Schedule: We ran two terms of programs in 2022, Term One from January - April and Term Two from June - September. Our Fellowships are annual + have events throughout. Term One: January - April- Founder Focus Group - Circles Feb - AprilTerm Two: June - September - Fellowship Retreat in June - Residency - Symposium in August -…

$553Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInteract Atx
EINHdr · item D81-3289086
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.joininteract.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$90,273Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Santi Ruiz’s $90K as Executive Dir. is at the 79th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2020
Santi Ruiz$90,273
Lindy Singer$25,905
Maran Nelson$18,046

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$275K · 93%
Other revenue$22K · 7%
Contributions & grants93%$275K
Other revenue7%$22K
Total revenueLn 12$297K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.14 Fundraising $0.01
Program services84%$553K
Management & general14%$95K
Fundraising1%$10K
Total functional expensesLn 25$658K

Balance Sheet

Part X · end of year
CashLn 1$43K
Total assetsLn 16$43K
Total liabilitiesLn 26$51K
Total net assetsLn 32$-9K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $43K · Operating expenses/yr $658K
0.8 months
Where the money goes
Program services
Program services $553K · Total expenses $658K
84%
Management & General
Management & general $95K · Total expenses $658K
14%
Fundraising
Fundraising $10K · Total expenses $658K
1%
Cost to raise $1
Fundraising expense (2-yr avg) $8K · Solicited contributions (2-yr avg) $459K
$0.02 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $275K · Total revenue $297K
93%
Government reliance
Government grants — · Total revenue $297K
Earned-income share
Program service revenue $0 · Total revenue $297K
0%
Investment reliance
Investment income $0 · Total revenue $297K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $658K
0%
Growth & trend
Revenue growth (YoY)
This year $297K · Prior year $644K
-54%
Net-asset trend (YoY)
End of year $-9K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $297K · Expenses $658K
-121%
Liabilities-to-Assets
Total liabilities — · Total assets $43K
Net-asset ratio
Net assets $-9K · Total assets $43K
-20%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $43K
0%
People & payroll
Highest Reported Total Compensation
Individual Santi Ruiz · Reported title Executive Dir. · Highest reported compensation $90K · Total expenses $658K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $108K · Total expenses $658K
16%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 14%
Fundraising cost ratio 4%
Revenue growth -54%
Investment management fee ratio 0%
Legal fee ratio 4%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$250K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$255K revenue · ⤓ 990 PDF
FY2023$455K revenue · ⤓ 990 PDF
FY2022$297K revenue · viewing · ⤓ 990 PDF
FY2021$644K revenue · ⤓ 990 PDF
FY2020$177K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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